News24

iPad most popular on FNB platform

2012-10-24 11:00

Cape Town - The Apple iPad has emerged as the most popular device sold on First National Bank's online platform.

The Apple device is offered with a range of tablets, computers and smartphones and FNB has sold in excess of 100 000 since launching the platform.

An FNB representative told News24 that other brands had also found favour with consumers who must have FNB cheque accounts to access the devices.

Part of the success of the platform is due to the fact that the gadgets are offered with no interest charged over two years.

"We understand that these devices provide the technology and platform for customers to do more electronic banking. This is cheaper and more convenient for the customer, and more cost effective for the bank as well," said Kartik Mistry, head of Smart Device Products at FNB Core Banking Solutions.

Online

Apple released the fourth generation iPad and the smaller iPad Mini in the US on Tuesday and some analysts are expecting that it will sell 10 million before the end of the year, despite seeing the Mini as a defensive move.

Rivals such as Samsung and Amazon already have smaller tablets and Apple will move swiftly to try and negate the advantage in the niche.

The bank is pushing for customers to use online banking platforms on smart devices as has offered a discount of R50 or R100 off their monthly smart device repayment if customers use credit facilities, subject to conditions.

"Our aim is to make electronic banking conveniently accessible to all our customers and to reward them for using those electronic banking and transaction methods," Mistry said.

FNB will open a new walk-in store in addition to the one in Gauteng where customers can buy the devices before the end of 2012.

"We will be opening dotFNB KZN during the first week in December 2012 and dotFNB Cape Town during the first quarter, 2013," said Mistry.


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Comments
  • frank.swanepoel.3 - 2012-10-24 11:25

    They don't charge any interest but the price you pay is almost R2500 more than what you will pay elsewhere so that "no interest" is already worked into the price.

      victor.pienaar - 2012-10-24 12:13

      My iPad 2 16gig with 3G is costing me R200 per month = R4 800 for the 24 months. Take R2 500 off that please tell me where that shop is!

      stefandv - 2012-10-24 12:19

      Where can one buy it for R2500 cheaper?

      cr1tfv - 2012-10-24 13:51

      Actually save R800 from the store price on the Ipad

      erhardt.snyman - 2012-10-24 19:00

      Looks like you are working for beep bank. New iPad 32gb wifi + LTE from Incredible Connection @ R7699.95. From FNB @ R309x24 = R7416. Do your research!!!!

  • leroy.ferreira - 2012-10-24 11:30

    but it is completely useless for fnb commercial clients

  • leroy.ferreira - 2012-10-24 11:38

    and its completely useless for fnb commercial clients --- "most popular"

  • drushen.naidoo - 2013-01-10 16:04

    Hi there, Complements of the season to you. Please can you kindly assist. I’m in the process of completing my MBA at Wits and currently busy with my thesis. My research topic is to determine the usage patterns of mobile banking applications (such as FNB Banking App, NedBank Banking App, Standardbank Banking App, etc) I require a minimum of 200 respondents in order to commence with my analysis, hence need all the help I can get to reach as much survey respondents as possible. The survey is quick and will only take up 5-10 minutes of your time. Survey Link: https://qtrial.qualtrics.com/SE/?SID=SV_9Nvr3ARiz6GPKCh The purpose of this survey is to gather data on the usage patterns of mobile banking applications The research aims to to analyse and evaluate the usage patterns of client-based mobile banking applications in South Africa. Confidentiality will be observed throughout the thesis process and the final report will be for academic purposes only. Please kindly assist, the survey is quick and will only take 5-10 minutes of your time. Please forward this email to friends and family as their input will also be a valuable contribution to this study. Thanks for all your help! Kind Regards Drushen Naidoo

  • drushen.naidoo - 2013-01-14 09:07

    Hi there, Complements of the season to you. Please can you kindly assist. I’m in the process of completing my MBA at Wits and currently busy with my thesis. My research topic is to determine the usage patterns of mobile banking applications (such as FNB Banking App, NedBank Banking App, Standardbank Banking App, etc) I require a minimum of 200 respondents in order to commence with my analysis, hence need all the help I can get to reach as much survey respondents as possible. The survey is quick and will only take up 5-10 minutes of your time. Survey Link: https://qtrial.qualtrics.com/SE/?SID=SV_9Nvr3ARiz6GPKCh The purpose of this survey is to gather data on the usage patterns of mobile banking applications The research aims to to analyse and evaluate the usage patterns of client-based mobile banking applications in South Africa. Confidentiality will be observed throughout the thesis process and the final report will be for academic purposes only. Please kindly assist, the survey is quick and will only take 5-10 minutes of your time. Please forward this email to friends and family as their input will also be a valuable contribution to this study. Thanks for all your help! Kind Regards Drushen Naidoo

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